TVS Motor shares jump nearly 8 pc on smart sales in February

Image
Press Trust of India Mumbai
Last Updated : Mar 03 2015 | 6:13 PM IST
Shares of TVS Motor Company today soared nearly 8 per cent after the company reported 15.14 per cent increase in total sales in February.
The scrip settled 7.81 per cent higher at Rs 293.20 on the BSE. During the day, it jumped 9.2 per cent to Rs 297.
At the NSE, it zoomed 7.46 per cent to end at Rs 292.30.
On the volume front, 11.60 lakh shares of the company changed hands at the BSE and over 76 lakh shares were traded at the NSE during the day.
TVS Motor Company had yesterday reported 15.14 per cent increase in total sales at 2,04,565 units in February.
The Chennai-based company had sold 1,77,662 units in the same month last year.
Total two-wheeler sales for the month grew by 14.8 per cent to 1,95,509 units as against 1,70,293 units in February 2014, TVS Motor Company had said in a statement yesterday.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 03 2015 | 6:13 PM IST

Next Story